Q3 2024 Earnings and Board Meeting – Amber Enterprises India Limited

What Happened?

News: Amber Enterprises India Limited, a big name in making things cool, shared its Q3 financial results for 2024. Let’s see what’s up!

What We Learned

1. Money Matters:

• Sales:
  • December 2023: ₹809.70 crores
  • September 2023: ₹453.76 crores
  • June 2023: ₹1,197.67 crores
  • March 2023: ₹2,350.92 crores
  • December 2022: ₹912.29 crores
• The company sold more stuff in Q3 2024, which is good news!

2. Making (or Losing) Money:

• Unfortunately, Amber Enterprises India lost ₹6.95 crores during Q3 FY24.
• This made the stock go down to ‘Reduce.’
• The stock price fell by 6.53%, now at ₹3,450.00.
• The total market value is ₹11,624.34 crores as of February 13, 2024.

What’s Next?

Amber Enterprises India is looking for new ways to grow. Even though Q3 wasn’t great, they’re still trying to get better and make more money. Keep an eye out for what they do next!

The Q3 results tell us a lot about what’s going on with Amber Enterprises India. As they face challenges, they’re trying to find ways to make things better and keep their investors happy.

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FAQs

Q: When is Amber Enterprises India Limited (AMBER) going to share its earnings report for Q3 2024?

A: AMBER’s earnings report for Q3 2024 will be revealed on February 10, 2024.

Q: What’s on the agenda for the upcoming Board of Directors meeting at AMBER?

A: At the next Board of Directors meeting, they’ll go over and possibly approve the Un-audited Financial Statements for the quarter and nine months ending December 31, 2023.

Q: How many manufacturing facilities does AMBER operate?

A: AMBER runs 27 modern manufacturing facilities spread strategically across India.